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Category: Corporate News

Corporate News

UWC hit by softer demand, global trade tensions

March 27, 2024

Analysts are mixed on the prospects of UWC Bhd after its core net profit for the six months ended Jan…

Corporate News

Marine & General sells vessel for RM26mil

March 27, 2024

Marine & General Bhd’s unit M&G Tankers Sdn Bhd disposed of a vessel for US$5.55mil (RM26.21mil) to Singaporean firm Kalianda…

Corporate News

Tourist arrivals to lift 7-Eleven outlook

March 27, 2024

CGS International (CGSI) Research is cautiously optimistic about 7-Eleven Malaysia Holdings Bhd’s outlook as it expects consumption and tourism growth…

Corporate News

Public portion of SBH Marine IPO oversubscribed 27.66 times

March 27, 2024

KUALA LUMPUR: The public portion of SBH Marine Holdings Bhd's initial public offering (IPO) has been oversubscribed by 27.66 times.

Corporate News

Behind the plot to break Nvidia’s grip on AI

March 27, 2024

Nvidia earned its US$2.2 trillion market cap by producing artificial-intelligence (AI) chips that have become the lifeblood powering the new…

Corporate News

KNM’s sub-subsidiary to dispose of entire stake in FBM Hudson Italiana for RM84.77mil

March 27, 2024

KUALA LUMPUR: KNM Group Bhd’s wholly-owned indirect subsidiary KNM Europa BV planned to dispose of its entire stake in FBM Hudson Italiana SpA (FBMHI) for 16.5 million…

Corporate News

Boeing may turn to outsider CEO

March 27, 2024

Boeing’s board has begun the search for a big-hitter to take the helm of the troubled planemaker following the turbulent…

Corporate News

IIB, Cenergi formalise collaboration agreement on RE exploration initiatives

March 27, 2024

JOHOR BAHRU: Iskandar Investment Bhd (IIB), the master developer of Iskandar Puteri in Johor, has formalised a collaboration agreement with…

Corporate News

Keyfield seeks to enlarge fleet post-IPO

March 27, 2024

Main Market-bound oil and gas services company Keyfield International Bhd, which aims to raise RM188.1mil from its initial public offering…

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Crypto World

1
Cryptocurrency

Korean man arrested over $50M crypto-to-gold laundering scheme

August 23, 2025

Thai authorities have arrested a South Korean man accused of helping a call center gang launder cryptocurrencies into gold worth more than $50 million.The Technology Crime Suppression Division (TCSD) said officers apprehended Han, 33, at…

2
Cryptocurrency

Are struggling firms using crypto reserves as a PR lifeline?

August 23, 2025

Corporate adoption of crypto in treasury management is growing rapidly. In the first half of 2025, the tally of public companies holding BTC nearly doubled, according to a report from K33 Research.K33 revealed that between…

3
Cryptocurrency

Brazil’s crypto tax grab signals the end of an era

August 23, 2025

Opinion by: Robin Singh, CEO of KoinlyCrypto may be the first tax lever governments pull when scrambling for more revenue, if Brazil’s recent move is anything to go by.In June, Brazil scrapped its tax exemption…

4
Cryptocurrency

BTC climbed to 1.7% of global money before Fed chair signaled rate cut

August 23, 2025

Bitcoin (BTC) grew to account for about 1.7% of global money, a figure that includes aggregate M2 money supply data for all major fiat currencies, the largest minor currencies, and gold’s market cap, according to…

Economy

Economy

Putin and Zelenskyy have ‘no meeting planned,’ Russian official Lavrov says

August 25, 2025
Economy

How the U.S. space industry became dependent on SpaceX

August 25, 2025
Economy

Asia-Pacific markets track Wall Street gains on potential Fed rate cut

August 25, 2025
Economy

Eli Lilly’s obesity pill remains a viable rival to Novo’s oral Wegovy despite data that underwhelmed investors

August 25, 2025
Economy

Solar executives warn that Trump attack on renewables will lead to power crunch that spikes electricity prices

August 25, 2025
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